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FAQs - Coronavirus Job Retention Scheme

21 Sep 2020
On 20 March 2020 the government announced the launch of its Coronavirus Job Retention Scheme (the Scheme), which is intended to pay employees who would otherwise be redundant or subject to a requirement to remain away from work without pay and are instead designated as "furloughed".
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FCA test case: disruption in the new normal

15 Sep 2020
The judgment in the FCA test case concerning the operation of several non-damage business interruption insurance clauses has been handed down today. Groups representing policyholders are claiming victory, however, beyond the headlines is a complex and nuanced judgment. Nevertheless some broad themes can be discerned and insurers will want to consider these and re-assess their approach to all business interruption claims and not just those arising from COVID-19.
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Financial regulation: getting back to "normal"?

14 Sep 2020
COVID-19 has now been interrupting almost every aspect of work and life for so long, it's hard to remember what "normal" is. Or, maybe more accurately, what normal was. The summer holidays have ended, the furlough scheme is beginning to wind down, every effort has been made to have schools able to open and stay open, and the Government is encouraging people to get back to work. But what does this actually mean for the financial services industry?